Fred Yancey, a retired principal and superintendent, represents AWSP on issues related to health care and retirement. Check out his summer conference update linked here with updates about the School Employee Benefit Board (SEBB), the Public Employee Benefit Board (PEBB), and pensions. Fred can be reached at fyancey@comcast.net if you have questions.
At the risk of repetition, the legislative session and Governor’s actions have concluded. This was a session that was akin to a sprint to the finish line with the Democrat majorities in both houses pushing many pieces of legislation that had stalled in previous sessions. There were 1,425 new bills introduced and 310 passed during this 60-day session. In 2017, for comparison, for the 193 days of regular and special sessions, 377 bills passed.
So, what happened regarding pensions, health care, financials and other issues?
The PEB Board held its monthly meeting March 21, 2018. A short summary follows. A briefing book offers more details.
This report primarily focuses on issues related to retirees, both those who are pre-Medicare eligible and those that are Medicare eligible and choose PEBB insurance as their supplemental health policy.
The SEBB held an all-day meeting on 3/15/18 that covered a great deal of information including preliminary impacts on the state and local school districts. The caveat is that David Iseminger, the Director of the Employee and Retiree Benefit Division (ERB) stated, “Because this change is new, we are not going to get everything right.” At this point, without enrollment figures, claims history, etc. ERB is involved in making educated guesses with assumptions that may come to be or not.
Like to Write?
We're always looking for guest contributions. If you have a passion to write and things to share, email David about a guest post or a role as a recurring guest blogger.
